Shop

South Korea

Former Bentley Design Director Luc Donckerwolke might be moving to work for Hyundai and Kia. After Peter Schreyer's retirement in a couple of years, Donckerwolke could start leading the styling for both Korean brands.

Hyundai and Kia are looking to cut costs after four straight financial quarters of falling operating profits worldwide. The sibling automakers aren't saying officially how much they want to slash yet, but the amount could be significant.

Last year Hyundai revealed the Veloster RM concept, putting a turbo four smack in the middle of its sport hatch. Now it's brought it back as the RM15 form at the 2015 Seoul Motor Show, complete carbon-fiber bodywork.

Hyundai is making a major push into the commercial vehicle market with a $1.8 billion global investment through 2020. That money includes plans to launch a model in the segment in the US at some point in the future.

Korea's other, other, other automaker reveals its first all-new model in years... and the one that could launch it into the North American market. Say hello to the SsangYong Tivoli, ahead of its debut at the 2015 Geneva Motor Show.

Hyundai has a slight revision ready for the Veloster in its South Korean home market. Along with some interior and exterior styling tweaks, the biggest change is a seven-speed dual-clutch gearbox for the Turbo model.

An article in the Daily Kanban suggests, the sun is setting on GM Korea, and it could already be well into dusk. GM's move into China, the Chevrolet exit from Europe and years of labor strife are driving the division over the edge.

After not being part of the 2014 Formula One season, it was surprising to see the Korean Grand Prix on the calendar for 2015. However, the "TBC" next to the race didn't inspire too much confidence. The round has been removed from the latest released schedule, but its loss might have cleared room for a replacement event.

Uber's CEO in South Korea faces charges that could carry a sentence of up to two years in prison and a maximum fine of 20 million won – equivalent to approximately $18,000. The prosecutor's office, however, is not expected to make any arrests connected to the indictment.

South Korean buyers hoping to stomp on the throttle to hear the thundering V8 of the Chevrolet C7 Corvette have reason to be a little depressed, it seems. The South Korean government has no interest in hearing the 'Vettes angry growl. We're afraid it's just too darn loud.

Hyundai's controversial decision last September to move its Korean headquarters to an expansive (and expensive) new facility was met with a swift backlash by shareholders. After making the biggest land purchase in South Korean history, the company's share price took a nine-point nose dive.